MTI Management
MTI is managed by a community and economic
development “tribal elder” Jim Reid. Mr. Reid,
a former Dallas Assistant City Manager, is
a nationally recognized “serial entrepreneur”
in the field of economic and community development,
having founded:
· The Southern Dallas Development Corporation
(1989)
· The Southern Dallas Development Fund (1991)
· And, Momentum Texas, Inc. (2005)
Jim Reid, CEO
Mr. Reid also served as the first President
and CEO of the statewide Texas Mezzanine Fund.
Previously, Reid was Assistant City Manager
for Planning and Development in Dallas, Texas
and Miami, Florida, and has worked in the
private sector for the Rouse Company. Reid
was a participant in the July 1995 White House
Conference on Community empowerment. He was
also selected to participate in the 1997 American
Assembly Workshop on “Improving the Economic
Health of America’s Distressed Communities.”
He has served on several community development
panels for the Urban Land Institute.
In 2005, Reid was a speaker on promoting entrepreneurship
at the First World Forum on Regional Economic
Development in the Madeira Islands, Portugal.
Jerry Hosel,
Vice President
Jerry Hosek is the Vice President of MTI.
Mr. Hosek is a former banker with broad experience
in housing and community development. He served
as a board member of the Dallas affordable
Housing Coalition.
MTI has a network of professional technical
assistance associates in Austin, Dallas, Houston
and San Antonio.
The mission of
MTI is to:
· Promote economic innovative economic growth
and community development practices
throughout Texas
· Promote successful business development
and job creation in low and
moderate
areas throughout Texas
· Promote successful business development
by women owned and minority
businesses
· Assist the development and
finance of affordable housing and neighborhood
community
facilities
Crisis/Opportunity
for MTI in Texas
Momentum Texas is designed
to respond to certain crisis/opportunities
in Texas, for example:
· Long-term demographic forecasts predict
an increase in poverty in
Texas=opportunity
· The population of Hispanic
and African Americans is increasing in Texas-
These
ethnic groups have been underrepresented in
terms of business
ownership=opportunity
· Programs to stimulate local
entrepreneurship weak and
fragmented=opportunity
· Economic and community development
corporations need strategic planning, resource
development, and entrepreneurial thinking=opportunity
·Gap in availability of “pre-development”
funds for affordable housing and
long
term financing for neighborhood community
facilities=opportunity
CONTACT US
Call or e-mail our CEO to discuss your business
or organizational need.
Call: (214) 421-3771
E-mail: JReid@momentumtexas.org
